Payments to the Lessor. In each Transaction, the Lessor shall require that, on each Rent Payment Date, the Lessee pay Guaranteed Rent that includes interest on all Lease Supplement Financed Amount scheduled to be outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.
Appears in 2 contracts
Sources: Master Guarantee Agreement β Finance Lease, Master Guarantee Agreement